35 Burst results for "Auto Industry"

Tesla discussed on AP News Radio

AP News Radio

00:30 sec | 3 weeks ago

Tesla discussed on AP News Radio

"Tesla is reporting better than expected third quarter sales despite the global shortage of computer chips they chip shortage has hit the entire auto industry and that played into wall street's estimates potential exceeded those expectations delivering more than two hundred and forty one thousand electric vehicles from July to September Tesla's sales were up seventy two percent over last year's third quarter so far this year Tesla has sold more than six hundred and twenty seven thousand vehicles already

Tesla
"auto industry" Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:58 min | 2 months ago

"auto industry" Discussed on Tesla Daily: Tesla News & Analysis

"Everybody around here. And as i mentioned that the yesterday's episode we're going to be doing live episodes for the rest of this week editor. Joscelyn's got some other things going on so we'll see how the rest of the week goes with a with the live episodes but today we're going to be talking about some new information from kathy would And arkansas so they've put out a note following a as you can see on screen there and then. Cathy was also on bloomberg today. Sharing some more thoughts on tesla. So go through those comments. We've got an update on. Fasd beta from elon. Musk he shared a tweet earlier about a targeted time. Line there for the long awaited fasd beta button. And then we've also got. I think about fifty people sent me this today. But we've got this rant from santa monroe to talk about I'll share my thoughts on that. Some news on the chevy bolts lucid and spacex. So we got through all that We'll start off with the with elon. Musk tweeden will get narc invest. So in case you didn't already many of you probably have but elon. Musk carrying out A little while ago about an hour ago An update on fasd beta so. He says quote. Somebody asked any update on public. Fasd beta yuan says quote. We should be there with beta tenant which goes out a week from friday. No point release this week it will have a completely retrain neural net. So we'll need another few weeks after that for fine tuning for tuning and bug fixes. Best guess is public beta button in about four weeks so no nine point three this friday as usual Not as usual. But usually tesla releases a point. Lisa nine point three would have been this friday every two weeks It sounds like they're skipping that but then next week are going to go straight to beta test. So that's different than what you wanted. Previously said worried said we'd get nine point three nine point four then probably ten than maybe ten one or ten to would be Debated button or the public release. I would've put that somewhere in mid october the last time we calculated that timeline looks like this would be a little bit sooner than what we had previously expected so obviously with anytime line like this we have to take it with a bit of a grain of salt But ilan here is actually moving up the timeline from his last mention of any sort of time line. So we'll see I'm excited regardless forbade attend to hopefully go out next week You on his previously satellite updates with that obviously with being a whole number release so we'll see Okay so after a ida. We've got new comments here from arkan vest. I will just briefly. Go through this. They put a little quick note out about it. I'm just saying. I highlighted artificial intelligence prowess no that arc is. Probably you know pretty impressed and happy. With what tesla talked about at a day but they did put this little chart out just showing tussles..

Joscelyn elon santa monroe Musk tesla Cathy bloomberg kathy arkansas Lisa ilan
How Software Is Eating the Car

The Tech Guy

01:57 min | 4 months ago

How Software Is Eating the Car

"I saw an article on the i tripoli spectrum which is their magazine by robert charette how software is eating the car the trend toward self driving an electric vehicles ed hundreds of millions of lines of code two cars can the auto industry cope. Just put it in perspective. Hundreds of millions of lines of code. That's how many lines of code there are in windows. it's that it's on. that level of sophistication. I'm sure i've been talking about this all along. But it's kind of stunning and it's relevant right now because it according to analysts. The chip shortage global chip shortage is being felt everywhere but it's especially being felt in kars four point one million autos won't be made this year because they can't get the chips that's a lot. Ten years ago only only fancy cars had microprocessor control units. Today fancy fancy. Cars like the bmw. Seven series may contain one hundred fifty electronic control units pickup trucks like the ford f. One fifty one hundred fifty million lines of code as of twenty seventeen. Some forty percent of the cost of a new car can be attributed to semi conductors. The cost is doubled in ten years and they think by By the end of this decade. It'll be fifty percent. Each new car today has about six hundred dollars semi conductors. Three thousand chips in it. So it's no surprise. I mean your steering is controlled by a chip. The the doors windows the mirrors the seats the climate control of course the anti-theft system the kilos entry system even the steering column as a computer on.

Robert Charette Tripoli BMW Ford
Joseph Turow Examines the Harmful Side of the 'Voice Intelligence' Industry

VOICE Global 2021

02:08 min | 4 months ago

Joseph Turow Examines the Harmful Side of the 'Voice Intelligence' Industry

"Call our industry voice tech industry. But i think it's interesting you use this term. The voice intelligence industry calls. Would you even see that is kind of a parallel industry to the voice tech industry and everything. Well yeah and i i to be clear. I'm not saying that. Voice technology per se is bad and the kind of stuff you do for gamma conferences. That i've been at one which was spectacular. Doesn't really talk about what i'm talking about. In the book so much development of they i when it comes to voice of natural language processing for example and a lot of stuff related to that is terrific. I don't that's not what the book is about. The book is about the use of profiling of the voice in order to make inferences about us that then lead to certain kinds of discriminatory activities. Right and we're that's happening most right now. Interestingly is in an people owning to think about which is context centers call centers. But if you look at the patents that amazon and google and even spotify have and if you speak to people in the end industry as i've done and if you speak to people in the auto industry and others related to that you can see the trajectory is far more related to profiling than most people think interesting. Yeah i think there's there's this you know there. I think there are a number of things happening. You mentioned the patents if you look at all the patents about you know recognizing Being able to make a diagnostic Analysis of our voice on there are there so many things happening. There is a you know. There's kind of a health and wellness piece of this where there's a bunch of potentially life-saving benefits but then on the flip side. You have the same technologies in the same capabilities flipping over to the marketing sides That can be used in a completely different way. But at the core of it like a lot of the same almost a lot saint patents and a lot of would apply

Amazon Google
Automotive Chip Maker Says It's Nearly Recovered From Blaze

AP News Radio

00:41 sec | 5 months ago

Automotive Chip Maker Says It's Nearly Recovered From Blaze

"An automotive chip maker says it's nearly recovered from a fire that has been compounded by a worldwide shortage of computer chips renaissance as replacements for fire damaged equipment arrived in Japan and the plant should be running in a week or so the company says it's making about eighty eight percent of the chipset was making before the fire car companies have been forced to cut production and use scarce chips for higher end models Ford says the shortage would cut its production in half the lack of chips is raise the price of cars new and used one expert says even from October through December the auto industry still won't have enough chips there are as many as eighty different computers and more sophisticated models I'm a Donahue

Japan Ford
Alexa Is a Ford Passenger

Voice in Canada

01:36 min | 5 months ago

Alexa Is a Ford Passenger

"Today. I wanna tell you about some interesting news. In the auto industry there was an electric vehicle report. That came out and what this report included was information about amazon lexi's broadest roll out in a six year deal with four ford motor company And so i'll read you the the information on this and it says this year the lexi voice command functionality. That many people have their home will be wired to seven hundred thousand ford vehicles in canada and the us followed by millions more over the next few years they will be integrating the voice commanding system into their entertainment system of the f. One fifty trucks and other vehicles such as the bronco edge as an f. one fifty mustang Mock and superduty customers with sync for technology so pretty exciting stuff again More expansion of amazon lexi. Some of the things you'll be able to do is from within the ford vehicle People can ask lexi control their smart home devices. Place calls locate parking spots All that kind of stuff and again it's delivered through the sink for technology which provides hands free voice initiated interactions. So pretty cool if you are a ford fan then I definitely suggest that you keep your eyes open for these vehicles. And i'm sure there's gonna be lots more information in announcements coming in the in the next months

Ford Amazon Lexi Canada United States
U.S. and China in Race Over Electric Vehicles, Says Biden

1A

00:43 sec | 5 months ago

U.S. and China in Race Over Electric Vehicles, Says Biden

"In Michigan today, President Biden made his case for his $174 billion electric vehicle plan. President calling for government grants for new battery production facilities help haste in the electrification of the U. S. Auto industry time. Biden says China is clearly leading in that area. Key part of electric vehicles. The battery Right now, 80%. The manufacturing capacity. Those batteries. Has done in China, along with more money for battery production. Aqui centerpiece of the administration's plan is $100 billion in consumer rebates over according to a White House fact sheet. The incentives will not go towards expensive luxury models. No

President Biden Michigan China Biden U. White House
Biden Drives Electric Vehicle and Touts It as The "Future"

Broncos Country Tonight

00:18 sec | 5 months ago

Biden Drives Electric Vehicle and Touts It as The "Future"

"The development of electric vehicles in the U. S auto industry is that across from the real question is whether will lead or we'll fall behind in the race the future. Biden visited a Ford Electric vehicle facility in Michigan today and noted that China has surpassed the U. S and research and development. Broncos

U. Ford Electric Biden Michigan China Broncos
Israel, Gaza Violence Overshadows Biden's Domestic Plans

AP News Radio

00:53 sec | 5 months ago

Israel, Gaza Violence Overshadows Biden's Domestic Plans

"President Biden's bead to highlight his domestic plans are being overshadowed by growing violence in the Middle East and afford a luxury vehicle center in Michigan the president look to make the case that his infrastructure plans will help steer the nation's future the future of the auto industry the lecture by a scheduling quirk he was in Dearborn a city nearly half Arab American and a few miles away Amir's they here with a group called new generation for Palestine says the president's award criminal he's participating in and funding the murder of our families the White House is under intense pressure to intervene in the Israeli Palestinian violence but insists quiet diplomacy is the best path while privately encouraging the Israelis to wind down their Gaza bombardment Sager mag ani Washington

President Biden Middle East Dearborn Michigan Amir Palestine White House Gaza Ani Washington
Interview With Mommy Legislator, State Senator Stephanie Chang

Model Majority Podcast

02:30 min | 5 months ago

Interview With Mommy Legislator, State Senator Stephanie Chang

"Senator stephanie chain wall come to the model majority podcast today. thanks so much for having me. I'm excited to be here absolutely. We are very excited. Heavy on our show as well. We've been tracking your career for quite some time. You're serving as the state senator in michigan right now but i want to begin by starting from the very beginning. If we may to get you know a little about your personal background and even maybe find some clues as to why you are serving in public office today. So i love to hear about. Where did you grow up. How did you grow up and anything from that. Upbringing might have even triggered or contributed to you entering public service today. So i am the daughter of taiwanese-american immigrants who came to this country like so many others looking for better educational opportunity in my parents matches school. They met at the university of notre dame and moved to michigan when my dad found a job in the auto industry which is has is the thing that has brought most families to michigan and I grew up in canton. Which is about a half hour outside of detroit me and my sister mom and dad and we grew up one of the public schools there. I remember feeling very much like there. Were not a ton of asian americans. At the time. I remember going up there. I have think that was the only asian american girl in my class during pretty much almost all elementary school and then it really wasn't until high school that i started to learn more about asian american history through an asian american student group that was there and really had a strong mentor. Who was a teacher out. Who really sort of started to pull me into different leadership positions and encouraged me to learn more about my identity as a nation american and so I definitely think that growing up as daughter of immigrants and growing up in canton and getting that type of experience has certainly shaped to i. Am i definitely think that nobody of the values that my parents came to america believing in you know opportunity Is is something that as legislator that i try to fight for Constantly trying to stand up for our values

Senator Stephanie Chain Michigan University Of Notre Canton Detroit America
"auto industry" Discussed on Talking Automotive

Talking Automotive

08:31 min | 6 months ago

"auto industry" Discussed on Talking Automotive

"The company wants ross is actually have gone up. Gone up by five thousand dollars on average for car so the medium price has from forty five to fifty thousand dollars so when we looked at the numbers and we forecast will wait if we did know in hundred and sixteen thousand last year. Where do we go to this. She and what is the number. What are the key drivers for that building and the demands continuing list is counting and plenty of demand for. Ill save ace. The still now into national holiday says Travel is a driver so boating fishing camping issue buildings in l. save as ring. Demand also has a law saul change rural trae changes and say china's and surprises. They in the aftermarket player. Demand peru phrase. Togas bulb is there will ensure it supply because once again the supply chain was not expecting such a huge spike in those lake. Times amini months before you can actually get these top Accessories in production it also in market heat when s saying that the mystic airlines flying in his some domestic travel between the sites of so there's more demand for renaissance and changing dealer distribution with agency. Coming across a number of rains. There are other brands that are truly putting this building blocks in place so it up in the in the world's so when we looked at the number from the nine hundred sixteen thousand we dating two thousand and twenty month by month saving boyce aikman at what does the humble way cancer billion that became the one million one hundred and twelve thousand. A lot of that would go. Jeez that's way too bullish when we looked at the Forecast apply month. And you look at the twenty twenty volumes this the twenty twenty one forecast that we did. The january february numbers referring modest predictions. About what last year was but still a runaway. Were a little bit app. The big hits that happens shaver macho mine way. The first wave of covert activity hood from a sales perspective and they second wife. Who was the second victoria impacted. The august-september tiber alan that the other months were quite normal. This previous years from a volume perspective previous not twenty on teen previously United to look at twenty seven twenty six things for normalization of volume. It's around that one million fifty so for under by one hundred ten million and fifty this. She is a year of mike cap and catch up. So when you look at the forecast it's very much. The notch number of getting to one hundred thousand things have ninety s whereas last year was thirty. Eight thousand and my thing. Naughty six thousand get a normal might versus a fifty thousand for the previous year and then jones always around that one team one twenty and then the august september october number getting back to normal figures when you really do addictive into the q. One result january forecast. It'll be four thousand five hundred and the market actually came in at sibling. Non seeks the big difference. Shaida was five thousand one hundred sixty six units that would nightly a result of passenger bang dan significantly. But it's you jumping from thirty six thousand forty one thousand ill as kicked up by just under a thousand and the hippie commercials keppel hundred so we went fire off the pass if we look at the february number. We forecast eighty three thousand and the actual came in eighty. Three thousand nine hundred and seventy Not seventy seven app not bad but once again. The passenger napa was allow them. What we forecasts. I it's not rebounding as quickly passenger dropping. Suv's hiking up the slack and it was a notch. Forecast will looking at a twenty. Three four thousand four counts a passenger. It was twenty one ill as when from forty nine to fifty one thousand and law commercials twenty four to twenty three thousand so pretty much Vase in the hibic commercials hundred thousand seven hundred versus one hundred thousand and five sorry for the quarter and predictions are app. Five thousand four hundred not bad or a two hundred sixty three thousand market and we're on the lower east side. All things being equal prediction of one point one number is very much on track to bank shaved. So john mccain to get your thoughts way you see the opportunities and threats going forward to this year and into next amok is going to be a non both opportunities and threats and i think the first one odd locked tuhan ought to think. There's gotta be of the chinese brands. I think he's starting to see the new chinese brands coming in is starting to get a strong foothold brand sock Mg that did really well in the first quarter auto that Being an echo stalked jude other brands the figures on the figures in at the end of the day. If you have the causing you sell the cost. It's all good to you. So you got to valve you l. d. v. into make inroads into the market and as i gain wall success. I think you're gonna start seeing other brands coming in from china. The other big thing. Which i think is going to grow is the electric vehicles because they sixty new ev brands and china. And as you see this i- gency model coming through. I think they see that as a huge opportunity to come in an tech. The market aggressively again have a traditional franchise. Networks have to worry about then have to compensate dealers when basement. I've done over the last couple of years. So they can come in and aggressively challenge. Mockus can thing is rated. The chinese brands have a big advantage. Is a very nice to australia shortly. Tom's or shipping routes to get to australia so the cost to get the vehicles. Here's an octa. And as those margins compress it becomes more competitive going to provide a big advantage to the asian especially brands trying to come into australia and if they competing against american brands european brands long distance. The market atia four office of cost which have to seoul in competing in australia market. So mock what's your view on the chinese rights. I agree with the. I think they end. If you look at that shot that we showed the supply lines and half quickly to get stuck at of asian continent into a strategy. That is the future for this country. They try to what i we. Industry has gone through his wife of of decades of dominance by certain brands or certain themes so the nineteen nineties was the four decade. The one thousand nine hundred was the gm holden decayed the noughties from two thousand. Eight thousand. Tang was very much. Toyota resisted themselves. But they dominance and very very strong headline very strongly of the saints however we did say there was a rise in the european brains in the tames scientific from twenty seven through to nineteen and twenty the euro brands accelerated the parental brains became very very Advice out attacking the mainstream from a pricing perspective wall still maintaining day framing edge with us some very exciting product and the affordability and there was a lot of mess. They will mess days european brands. Volkswagen dissection well and the other europeans coming to plas- well this dickhead. Augury this is. Dick ido the china's brands. And we're ready saying you're on. Mj saying very well elderly doing very well. Hal doing very well and j w win goats this a very good product offerings. The warranties are very good the proliferation of electric is and by he met affordable issue. The attainable industry is the one. That's gonna be the tipping point kind of really accelerate. The take up sorry in the loss of hall should not be underestimated because that's a huge options water volume top ten brained exit country so quickly leaving such a gaping holding volume of us to fill now when people talk to local manufacturing closing that was not the gaping hole that it was just one product that dissipate. The dining hall has been tar brand disappears lodge Inflate these that needs to be filled. I see opportunity for proactive items to actually take advantage of that because there are many customers looking for.

Volkswagen five thousand dollars Five thousand one million Eight thousand thirty hundred thousand five thousand four thousand Three thousand australia Toyota eighty two hundred january february fifty thousand dollars twenty seven one hundred thousand thirty six thousand nine hundred sixteen thousand
Auto Industry Insights With Mark Palavestra and John Sinclair

Talking Automotive

02:08 min | 6 months ago

Auto Industry Insights With Mark Palavestra and John Sinclair

"Aas pretty impressed with your figures you know. We did the recording last year. And you call the number and you put a stake in the ground. What you told the numbers will be handed out to t- also pretty impressed with that. So maybe can you describe the current state and what led into the arnstein away. Do you think the future is going to be absolutely junk. It's when you look at the catch sight hugest and prediction of a thing to look at the industry as to what the k. Metrics out but not from a traditional our in perspective. Normally you'll sits for many now in presentation and it's the same stuff that keeps getting regurgitated tonight. Wages kid cover off to some of the by six that most people might not be aware of several is nineteen point eight million cars on this train rides and when you look at the population we've got twenty five million people but there's actually detect the people under seventeen and over ninety. It's interesting that we have nineteen point. Three eight driving age people in australia. So there's a gap of city heights thousand units versus the number of chasm. We have pretty much account for every driving is person we know that there are some the drive and we know that there are those of multiple cameras so when you look at. We are in balance if you look at the average an number new cars over the previous three years. Tikey at the covid hiccup but it's been around about a million fifty cows if you got back to twenty thirteen. It was actually well. I have one point one million per year and then last year we dropped down to nine hundred sixteen thousand. It was a very much a imbalance locked to that supply and you look at the average age of the cows that are on the road have shit was giving attain point four years phrase him up to the us and dive kind that statistic that it's very much in line with what we have a ten year perspective cast come on we also have cast coming off and if you look at the information to what vehicles get the chandy scrap or dismantled. Its around that eight hundred thousand units is normally we have a situation where we have a net immigration surplus over three hundred thousand people.

Australia United States
"auto industry" Discussed on Talking Automotive

Talking Automotive

02:08 min | 6 months ago

"auto industry" Discussed on Talking Automotive

"Aas pretty impressed with your figures you know. We did the recording last year. And you call the number and you put a stake in the ground. What you told the numbers will be handed out to t- also pretty impressed with that. So maybe can you describe the current state and what led into the arnstein away. Do you think the future is going to be absolutely junk. It's when you look at the catch sight hugest and prediction of a thing to look at the industry as to what the k. Metrics out but not from a traditional our in perspective. Normally you'll sits for many now in presentation and it's the same stuff that keeps getting regurgitated tonight. Wages kid cover off to some of the by six that most people might not be aware of several is nineteen point eight million cars on this train rides and when you look at the population we've got twenty five million people but there's actually detect the people under seventeen and over ninety. It's interesting that we have nineteen point. Three eight driving age people in australia. So there's a gap of city heights thousand units versus the number of chasm. We have pretty much account for every driving is person we know that there are some the drive and we know that there are those of multiple cameras so when you look at. We are in balance if you look at the average an number new cars over the previous three years. Tikey at the covid hiccup but it's been around about a million fifty cows if you got back to twenty thirteen. It was actually well. I have one point one million per year and then last year we dropped down to nine hundred sixteen thousand. It was a very much a imbalance locked to that supply and you look at the average age of the cows that are on the road have shit was giving attain point four years phrase him up to the us and dive kind that statistic that it's very much in line with what we have a ten year perspective cast come on we also have cast coming off and if you look at the information to what vehicles get the chandy scrap or dismantled. Its around that eight hundred thousand units is normally we have a situation where we have a net immigration surplus over three hundred thousand people.

australia india fifty years thirty nine percent twenty three percent fifteen percent last year thailand Six percent nineteen point fifty one percent nine hundred sixteen thousand twenty europe eight hundred thousand units ten year one point four years over three hundred thousand pe
Two South Korea Firms Reach US Electric Vehicle Battery Deal

AP News Radio

00:47 sec | 7 months ago

Two South Korea Firms Reach US Electric Vehicle Battery Deal

"I'm Julie Walker two big south Korean electric vehicle battery makers reach a deal to allow one company to move ahead with plans to manufacture in Georgia president Biden calls it a win for the American workers and the American auto industry the agreement allows SK innovation to complete its two point six billion dollar factory in commerce Georgia that had been threatened by a federal intellectual property theft ruling under the deal SK will provide L. G. energy with a total of one point eight billion and an undisclosed royalty the company's also pledged to work together to strengthen the E. B. battery supply chain in the U. S. and support the Biden administration's efforts to advance clean energy policies including electric vehicles I'm Julie Walker

Julie Walker Georgia L. G. Biden SK Biden Administration U.
Tesla Kicks off 2021 With 184,800 Vehicles Delivered

The Dan Proft Show

00:25 sec | 7 months ago

Tesla Kicks off 2021 With 184,800 Vehicles Delivered

"Says it delivered nearly 185,000 electric vehicles in the first quarter. Despite a shortage of computer chips that has hit the global auto industry. The number Was more than double the deliveries for the same period last year, and it beat Wall Street estimates of 168,000 for January through March. The company says in a statement that the model y small issue be in China has been very well received

China
Auto industry urges Biden to back 'comprehensive' EV plan

South Florida's First News with Jimmy Cefalo

00:20 sec | 7 months ago

Auto industry urges Biden to back 'comprehensive' EV plan

"Is looking to Washington for help in selling electric vehicles. Trade groups representing car and parts makers and the United Auto Workers union are asking President Biden to back a measure that would extend federal tax credits for electric car buyers. Current tax credits start to phase out after each automaker cells. 200,000 electric vehicles in

United Auto Workers Union President Biden Washington
We don't have enough computer chips

Reset

05:55 min | 7 months ago

We don't have enough computer chips

"The pandemic cause lots of shortages from personal protective equipment to laptops bicycles but one supply shortage. Could slow down the economy for months. Even after covid is gone. That's the global shortage of chips. Not lay's chips but semi conductor chips the types of silicon power everything from our computers to our cars recode rebecca. Hi awhile has been covering the shortage. Hair becca hey so. This feels like the sort of niche problem. But semiconductors are in everything so tell me what exactly a semi conductor is. Semiconductors or ships are basically the building block of all the devices that we're using today. You know the computers in your refrigerator or the computers in your car phones and many computer. All of that is being made with these tiny little chips. That are powering these technologies and the really important. because we don't just need them for entertainment. We need them to work and learn and especially during the pandemic when we're doing all of these things from home and you not only have your devices at school or your office. Many people also have a full second Electronics setup at their house and what kind of problems is a chip shortage. Going to cause like talk me through. How does this play out in in the world that we experience in the world. We care about in everyday life so broadly. The increase in demand for electronics in general means that we don't have enough chips actually make those electrons so if you weren't getting a laptop on time or a phone on time that you really needed that's how it would affect you. But in the united states there's this particular challenge that's popped up with the automakers. Obviously automakers are really important and the shortage in chips is actually delaying production of cars and some models from gm or actually not going to be running with an advanced fuel technology system right now because the carmakers can't get the chip that they need so we're seeing idle workers in the united states. Some workers being laid off because of this chip shortage. But you know it's not just cars. Samsung is talking about delays with their phones their medical device makers who have asked for help because they also are worried about the chip shortage. So this is really a very very big issue for all sorts of things that we do told about why this is happening. And how did covid cause or accelerate the shortage in the first place so the primary cause for the shortage is the increase in demand in an industry. That isn't that flexible. In terms of how much it can make talking to semiconductor. They say the lead time can be you know over twenty twenty five weeks to make one of these chips so it's not an an industry that can just flip. The switch in terms of of making more another challenge is that we're dealing with incredibly complicated supply chains and there are just a few companies that have the infrastructure and very very expensive infrastructure to make these chips but they need to get materials from other companies. There's also a he does some trump tara trade policies that are making the market. Even little bit more constricted. The us has not really developed a very strong backup system of its own supply. Chain has just twelve percent of global manufacturing in the sector and you used to have nearly forty percent back in the nineteen nineties so we really haven't focused on our own. Us domestic manufacturing of these chips. Which sort of is making a lot of people nervous right now. Especially you know the car makers but you know all sorts of Device makers in the united states right now and. What can we do about that. We can't go back from twelve percent of forty percent overnight. What are people who think about the future of the auto industry governors people who have jobs and the line people who have angry customers calling. What are they doing about this. The biden administration has ordered a giant review of the semiconductor supply chain part of a broader effort. That he's focused on and focus on his campaign as well to sign a boost the resilience of us supply chains. And for you know. We're in the midst of this now. But there's going to be one hundred day review of the semiconductor supply chain. And that's doing a lot of research with all the different chipmakers trying to figure out like where you get these components. What happened in this disaster scenario and really scoping out what this actually looks like. There is legislation that some people say really needs to be funded. That would actually incentivize building. High tech manufacturing in the united states for chips hasn't been funded yet. But that's something that some chipmakers really really wanna see but you know taking the step of the us government actively incentivizing companies to go away from building these trips abroad where it is cheaper. And they've done so for economic reasons and having them chips in the united states. That's a pretty big statement and that's going to be a lot of money and it doesn't always work out. well you could end up with empty factories factories. That aren't being used three years or five years down the line and for customers. What can we do beyond expect our products to take longer to get to us. You know in the gm case you might get that product but you might not get it with a feature that you really wanted mentioning the advanced fuel technology system which means that if you were trying to buy one of those gm trucks you might be paying a little bit more for gas in. That just might be the compromise. But you know it's a reminder to really pay attention to supply chain

United States Trump Tara Rebecca Biden Administration GM Samsung Us Government
Amazon-Backed Rivian to Launch Trio of New Electric Vehicles

WTOP 24 Hour News

00:13 sec | 8 months ago

Amazon-Backed Rivian to Launch Trio of New Electric Vehicles

"Would be a first for the auto industry. Electric trucks start up privy in will attempt to launch three new vehicles at the same time Rebellion is trying to get ahead of G M's forthcoming electric calmer and Tesla's cyber truck.

Tesla
Alabama: The Newest Amazon Union Battleground

The Indicator from Planet Money

07:03 min | 8 months ago

Alabama: The Newest Amazon Union Battleground

"Okay lena to understand. What is happening at this alabama warehouse. I'm guessing we should start by looking at some history. Yes and i spoke to just the person for that. Monday is gym specially and i'm a voca auditor for mercedes benz. Us international. We do audits on vehicles. After they're built jim as a very unique perspective on the union voted amazon because his mercedes plant. That was the epicenter of the last time. A super high profile labor battle played out in the state of alabama. And it makes sense that we'd be talking about auto plants because of course. A lot of foreign automakers have been opening factories in the south for decades. Now alex since the nineties yes they brought a lot of new jobs and jim you know he loves his job but he has a pretty glum view of why these foreign car companies came to the south in the first place the coming here because of the fact that there is not a fear of unions. You know they're saying we're just not educated. You know country bumpkins and whatnot. They don't know nothing about unions and don't care a lot of this stems from to work laws and all this other states which say that each worker can choose not to pay union dues still. The auto industry is historically pretty unionized. So the big auto union. The united auto workers decided to go after these new southern factories prompting intense anti union campaigns all labor experts. I talked to about unionization in alabama. Brought up this period of time. Like michael innes jimenez from the university of alabama the board that i'll never forget. Do you want tuscaloosa to be the next detroit. Let's throw race in there too. Obviously but seeing this post industrial city in a lot of pain and blaming the unions and then something incredible happened. workers at volkswagen in. Tennessee voted against the union and vw was the one company that actually wanted a union. It was the governor and republican lawmakers who fought against it from the air things just unraveled nissan workers in mississippi also rejected. The union at jim spits lease mercedes. Plant in alabama. Uaw didn't even petition for a vote. What it all comes down to is getting that vote and we haven't got that in twenty five years on three attempts so this sets the stage for where we are. Now this is. Why alina been asking you. How alabama became the first state to potentially have a unionized amazon warehouse. Right that's why so many people find it surprising. But i actually think that could be one of the three main reasons why this warehouse got to a union votes. So quickly we know amazon has stamped out union attempts and other places perhaps. The company also wasn't expecting such aggressive organizing in alabama compared to more traditionally Activist places. That's factor number. One are the other two to others are about the time and the place. Then let's start with a time. This is one of the things. I heard from the union. That's helping organize amazon workers in bessemer. The unions called the retail wholesale and department store union. And it's president. Stuart applebaum pointed out that this warehouse is only about a year old so it opened right as the pandemic started. I believe that the pandemic opened a lot of people is they understand now that they need a collective voice to stand up for themselves and to protect themselves. I also think that people had expectations when they came in that were not being realized. Amazon has been raking in profits during the pandemic which workers often bring up and also amazon went on a massive hiring spree and this by the way is often when workers ended up gaining some more power which is when they know that the employer needs more workers. The retail union folks say the best. My warehouse workers reached out to them quietly in the summer. They were describing grueling productivity quotas. They wanted to have more say in how they work. How they get disciplined. How they get fired. The union then mobilized support system of other folks from the region who are already unionized particularly workers from poultry plants. Okay and that brings us to your third factor alina. Which is the place right exactly. Professor michael innes jimenez pointed out something notable about alabama on that few people might realize if you follow the border and the coastline between california and maryland. alabama has the highest unionization rate for every state between california maryland. and then throw in tennessee. Also it's a pretty low rate. Only about eight percent of alabama workers are union members which is lower than the national average. But it is higher than all other southern states. And then you've got the specific location of the amazon warehouse which has bessemer. It's a working class. Suburb of birmingham. It's got early roots. In steel and mining and unionized labor. And another thing about bessemer is that it's a community that's predominantly black and the amazon unionization campaign is evoking social justice themes focusing a lot on respect in the workplace and of course this is all happening on the heels of the black lives matter protests. Yes exactly but the union also presented as part of its history. Its members marched with martin luther king junior in the sixties the union president talks about how in the south labor and civil rights battles have always been intertwined and so alina people think that all of these things at the time the place the context will end up making a difference and give alabama. The nation's first unionized amazon warehouse. the union. certainly hope so folks there told me more than half of the workers at the bessemer warehouse signed petitions for union shop. So they think this could be it of course amazon for its part has led a big anti-union campaign. They've got required meetings where workers were told. How union dues our waste of money. How great these jobs are already with all the benefits and the starting wage of fifteen dollars an hour and for context. The minimum wage in alabama is also the federal minimum wage which is seven dollars. Twenty five cents an hour which makes amazon starting wage of fifteen dollars an hour. More than double the alabama minimum. That is actually a big point four. Jim spits lee over the mercedes benz plant as he's watching this big amazon union. Vote play out it'll send a nami ripple but it's going to send one. It's going to let people know that. Hey even people fifteen dollars an hour. Seventeen dollars an hour can have union in their workplace. Bessemer warehouse workers will be voting by mail through the end of march. If this votes exceeds at an anti union place like amazon in alabama. This could turn a whole new page for both the

Alabama Amazon United Auto Workers Michael Innes Jimenez Jim Spits Lease Alina Volkswagen JIM Stuart Applebaum Lena University Of Alabama Tuscaloosa Professor Michael Innes Jimene Alex Bessemer Nissan Detroit Tennessee Mississippi
Learn How to Break Away From the Pack & Standout In a Busy Marketplace with Dr. Joel Kahn

Healthcare Business Secrets

05:17 min | 8 months ago

Learn How to Break Away From the Pack & Standout In a Busy Marketplace with Dr. Joel Kahn

"Welcome to healthcare business. Secrets show where we interview industry leaders and break down exactly how they dominated the markets you can live from the best and can w revenue w impact and w time off and this episode was speaking. Joel can joel. Otherwise known as america's healthy hot dog is a graduate of the university of michigan. School of medicine is a clinical professor of medicine at wayne state university school of medicine a frequent lecturer and author on topics of vegan nutrition health heart disease reversal and has written several books about alternative nutrition and hothouse. He's had been a guest and commentator amy. Tv shows podcasts. Magazines m practices at the concept of a cardiac longevity is very unpracticed in michigan. Welcome to the show joe. Thank you so much excited to share with the audience. Yeah so i wanted to kind of give out with some background on you. And and how you got into the space because you've kind of gone down a different role than maybe stanford medicine and things teaches. Unfortunately not because of any time in the in the slammer or any problems with my license in a somewhat thoughtful various er- pigeon Course but i grew up in detroit michigan Talking now from the suburb in detroit michigan attended university in ann arbor. Michigan graduated top of my class medical school. But i knew from about a swallow wanted to be a heart moved to dallas moved to kansas city out and training with the best skills and particularly treating heart attacks with angioplasty instead. You have some wonderfully people from australia. New zealand in the my mentor in kansas city was from all actually a dislike from new zealand allah but when visit i'll be of the difference between the do another very different entry but nineteen ninety way before you were born. I imagine or at least run it. I join back in detroit. Michigan big practice. And i was the guy running a night treating sick people coronary Cardiac cath lab artists. But i was even back then very interested in the other part the About our of health which is prevention nutrition. Lifestyles sleep stress. Nutraceutical supplements the whole thing. Much more light perhaps naturopathy and chiropractic. So i was always reading on my own incorporating little tidbits been using coenzyme q ten of people for thirty years my college or and then i'll percolating along as very happy guy got a chance to look down to. The university mentioned developed a preventive cardiology program. But i knew that there was something else that i really had an energy for something else. I mean that was doing wonderful. Things are day is the same thing every day. When wonderful big over i went back to university in two thousand twelve a whole year doing a university based courses integrative cardiology natural gas and pretty much nutrition thing adnan stunning that for decades. But i didn't know all the nutraceutical isn't about chemistry testing and the epa genetics and the protonix and we can use fancy words. I graduated and of course. I say in traditional practice but i ultimately with some thought took a big breath five years ago and says you know what i've done enough cath lab emergencies. That mouse running three hassles on the weekend alone. A great practice. I one focus on prevention and i looked around the country. I could barely find in the united states preventive cardiology practice. That was not attuned to only prescription. Drugs are printing preventive cardiology practices more precision more prescription. I wanted to about more health lifestyle disease reversal. I gleaned from various people what i could kinda created a model. I left the insurance system. You wanna have a sleepless night. As a physician who's always had a whole room full of baylor's and medicare and blue cross as we call in the united states and others and tell people in the city of detroit that is not beverly hills los angeles by a reasonably prosperous busy city with auto industry. But i don't take insurance. I can't even take your insurance them out of the system and launched in five years ago and yes. There's always challenges. My tears thought that maybe. I did. Have alcohol rounds. Drug problem slices. Is he doing all as they didn't understand. It has been the best decision. I don't think would have been as meaningful if i didn't pay the price. All those years of doing traditional medicine I'm respected because know what heart catheterization angioplasty bypass Medications use them when needed by I'm very much dedicate myself as upstream cardiologists. I'm the salmon trying to go upstream. Everybody else is going the other direction. But there's a lot of people out there and you know. I i'm sure for practice that are looking or a different path. They're just tired and they feel tired too many drugs too. Many ten minute appointments with dr the game now. It's a good nurse or a physician since i've provided alternative of time education a different approach. And it's so gratifying. Amin that i'm sixty one years old. I don't know what the word retires. Because i love what i do day after day today

Detroit Michigan Wayne State University School Kansas City New Zealand University Of Michigan United States School Of Medicine Joel Heart Disease Ann Arbor Heart Attacks AMY JOE Dallas Adnan Australia EPA
A Global Shortage In Computer Chips Hits Auto Industry

Charlie Parker

01:02 min | 9 months ago

A Global Shortage In Computer Chips Hits Auto Industry

"The global auto chip shortage has intensified. Danny's Pellegrini a. Bloomberg has his and focus report, just this pandemic production was starting to get back to normal for carmakers now. The chips are down for the auto industry, and the computer chip shortage is slowing their assembly lines. It's manufacturers aren't able to get these ships and literally does stop the production. Tom Doll is CEO of Subaru America. You can't produce these vehicles. And then insert the chip later. The chip has to be inserted into the device before it gets put into the vehicles. GM is idling production of some small and crossover SUVs and Ford, Toyota, Nissan, Volkswagen and others have also cut production because of the shortage, a shortage caused in part by a jump in demand for phones. PCs game consoles, another Consumer Electron IX. During pandemic lockdowns, all things that doll says could be bad news for car buyers and other consumers down the road somehow find another source for your chip supply. It could be increases in chip

Tom Doll Subaru America Pellegrini Bloomberg Danny GM Volkswagen Nissan Toyota Ford
"auto industry" Discussed on Radio Free Flint

Radio Free Flint

02:40 min | 9 months ago

"auto industry" Discussed on Radio Free Flint

"University <Speech_Male> of illinois press. <Speech_Male> But <SpeakerChange> thanks <Speech_Music_Male> so much <Speech_Music_Female> <Speech_Music_Female> Well <Speech_Music_Female> the water was <Speech_Music_Female> brown <Speech_Music_Female> <Music> laurine. <Music> A city <Music> of visual <Speech_Music_Male> send a water <Speech_Music_Female> <Advertisement> was lean. <Speech_Music_Female> People <Speech_Music_Female> broke out in <Speech_Music_Female> rashes <Speech_Music_Female> somewhere. Losing their <Speech_Music_Male> hair. <Music> negative plan to <Music> them. <Music> Money didn't <Speech_Music_Female> <Speech_Music_Female> <Speech_Music_Male> ever water <Music> <Music> well <Music> <Music> <Music> <Music> <Speech_Music_Female> and <Speech_Music_Female> not <Speech_Music_Female> <Speech_Music_Female> <Speech_Music_Female> <Music> <Music> chan <Music> <Music> <Music> <Music> <Music> knew that <Speech_Music_Female> was <Speech_Music_Female> bad. <Music> <Speech_Music_Female> All the research <Speech_Music_Female> says that <Speech_Music_Female> he has <Music> released <Music> a study. <Speech_Music_Female> <Speech_Music_Female> That's <Speech_Music_Female> <Speech_Music_Female> your little children <Speech_Female> a been <Speech_Music_Female> poisoned with <Speech_Music_Female> live <Speech_Music_Female> ever <Speech_Music_Female> water <Speech_Music_Female> as <Speech_Music_Female> locked herpin <Music> anti <Music> <Music> <Music> <Advertisement> <Music> <Advertisement> and <Music> <Advertisement> remember water <Speech_Music_Female> <Speech_Music_Female> locked <Speech_Music_Female> in <Music> <Music> a <Music> <Speech_Music_Female> <Speech_Music_Female> <Speech_Music_Female> oughta <Speech_Music_Female> <Speech_Music_Female> <Speech_Music_Female> <Speech_Music_Female> seeking <Music> <Advertisement> die <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Advertisement> <Music> <Advertisement> <Music> <Advertisement> <Music> <Music> <Music> <Music> <Speech_Music_Female> <Speech_Music_Female> At <Speech_Music_Female> shells <Speech_Music_Male> live <Music> <Music> <Speech_Music_Female> it'll pause and yard <Speech_Music_Female> children <Speech_Music_Female> and <Music> <Music> you can <Speech_Music_Female> fast <Speech_Music_Female> <Speech_Music_Female> saying it right <Laughter> <Laughter> then a <Speech_Music_Female> truth. Well <Speech_Music_Female> it's <Speech_Music_Female> inside. <Speech_Music_Female> <Speech_Music_Male> <Speech_Music_Male> <Speech_Music_Male> Locked her band <Music> <Music> <Music> <Music> <Advertisement> <Speech_Music_Female> <Advertisement> <Music> <Advertisement> <Speech_Music_Male> <Advertisement> <Speech_Music_Female> <Advertisement> <Speech_Music_Female> band <Music> <Music> <Music> <Music> <Speech_Music_Male> <Speech_Music_Female> <Speech_Music_Male> autre.

"auto industry" Discussed on Radio Free Flint

Radio Free Flint

06:18 min | 9 months ago

"auto industry" Discussed on Radio Free Flint

"Show profits and during those years. One of the things you you wrote about in mentioned was there at one point during this is boom the so called boom in the in the country there were a million. I think you said a million brand new car sitting in lots throughout the country waiting to be sold that couldn't be sold right That happened a few times but The eh unsold inventory of new automobiles reached around a million in nineteen fifty five that at peak year so auto workers enjoy the study working even overtime throughout much of the year but then at the end of the year. There's this massive inventory that was about ten to fifteen percent of the number of cars that were built during the year and so companies ratcheted back their production for the next two years causing all kinds of layoffs and unemployment. You described the blue collar elite as being white men Buy new cars. Most people were enabled by car who had good contracts with new Leadership and cottages up north They simpler kids to college. How does that happen in. The rest of the people aren't in the around the ship on. I think that If you look at that section again What i was writing about was Media portrayals of auto workers Often by people who hadn't done any kind of research on the ground and had no idea really about a how auto workers were living their lives. There are an awful lot of pundits. economists Syndicated writers who looked at the contracts that the uaw is negotiating and then Often nor from the not decried the the greed of the auto workers and Wondered how they could How auto companies could survive paying these amazing wages and supporting these kinds of lavish lifestyles but other reporters would go on the scene into neighborhoods and see that. That was not the case. There was no such thing as this separate blue-collar elite that was living the american dream And leaving their fellow workers behind the layoffs in the nineteen fifties affected long term high seniority workers as well as newer lower seniority workers differently but affected both very severely right. But what. I found out Was that A lot of these auto workers going up north for sure were using state parks or they're putting up deer hunting shanties on someone's property who gave him access not owning property and most auto workers had cars they had used cars. They were considered imperative to the success of gm and ford and chrysler because gm and ford chrysler counted on those High earning fourteen percenters to buy new cars every year or every other year in order for them to do that. They had to be able to sell their existing cars in the used car market. So auto workers were instrumental in terms of marketing but Gm famously said that They weren't aiming for auto workers Are not even for chevrolet's bit Autoworkers could be satisfied with used cars and invoked a response to that. I was completely shocked by is. There are people who look back until fifties advertisements. I don't know if you've looked at any of that stuff. That's out there especially about flint. General motors essentially Presented a side society. That was completely. I don't know how to describe if you could describe it maybe but hitch the tailfins You know the people looked at it and said this you know they described as in the general motors hype which was which was paddled. Newspapers in the mass media. Wants to emerge. Tv as creating a sign that didn't exist wonderful society dreamlike like almost like soviet propaganda. When i look at it now in me reaction to that what i found was that Representatives from gm and ford and chrysler was a little bit of an outlier in in the victim but they would constantly complain about the high wages that they're workforce's were were getting On the one hand you know objecting to the the the the benefits increased wages these sorts of things but then At certain points in time would try to take credit for providing such a tremendous standard of living for their own workers but behind the scenes. they're also acknowledging Not in the advertising trying about the their knowledge that There's no way in the world that their own employees. Even if they were employed fifty two weeks a year could actually afford even their lowest priced car or they could as long as they had no kids no wife no more is payment. Something like that And so they're really of two minds. They're they're they're selling this american dream of home ownership and new car ownership to the public while knowingly Cutting their own workforce are that bargain and complaining about how much those workers earn to boot so The workers salaries are their wages. You know even under the more lucrative contracts that were negotiated. The decade weren't going to be enough to provide that level of of middle class status and those companies knew it when in the fifties. I didn't realize there was such as a you use a word precarious precarious employment situation with the with the workers. Get that that. There were ups and downs The didn't oregon cycles in five or ten years. It was working more like one or.

five ten years a million two minds both nineteen fifty five fifty two weeks a year fifties fifteen percent One around a million ford chrysler chevrolet gm one point american about ten nineteen chrysler ford
"auto industry" Discussed on Radio Free Flint

Radio Free Flint

08:19 min | 9 months ago

"auto industry" Discussed on Radio Free Flint

"Is associate professor at oakland university danielson author who's wrote a book called disruption in detroit the elusive Post war boom. And we're going to talk to daniel about labor history economics of The southeast michigan area. We're going to focus on flint and detroit mostly to gain some lessons about the past and how there might be some parallels to today daimyo. Welcome simple question. What's the mitch. I've struggled trying to figure out how the collective memory came to be. But i think you put your finger on it with your idea about the difference between the nineteen sixties even in the nineteen fifties The nineteen sixties wasn't more prosperous decade overall for the auto industry than the nineteen fifties. Were and I think i grew up in in in midland yet just north of flint and i remember though ways of cars heading north on weekends in closing famous. Zil walkie bridge the the drawbridge. I remember seeing that prosperity. When when i was just a little kid. You're growing up. But i think that times in detroit times in flint became so dire in the eighties and the nineties and beyond that there was a certain search for a golden age things had to be better and things were probably better I do think that There there's a tendency to romanticize the nineteen fifties and kind of blurred together with a more prosperous more more stable times I think that scholars out for their part This gets maybe a little bit esoteric but on know labor. Historians have argued over the bargaining agenda of the uaw and walter reuther and a wave of scholars. You know fought. That was wonderful. The increasing wages and benefits that were in the contracts another wave of scholars argue. That was selling out. That wasn't radical enough. There was more that the union could have done. That's kind of a scholarly debate. But when i was looking at scholarly debate your guys like victor reuther writing books and crossing the nation about that absolutely. Yeah no. I agree with you completely on that. It was a debate within the union about the direction. But what i was talking about Kind of another way that the myth got established. But you're absolutely right. It wasn't just an academic debate. It was a fierce debate within the way. W what i was trying to do was Walk at how. Ordinary workers not leaders. Not people who we necessarily heard of before. But how did they experience these years. And and so. When i looked at how ordinary autoworkers experienced the decade of the nineteen fifties roy. Forty five to sixty. I found that it was mark much more layoffs much for much more by insecurity and instability than it was By this notion of prosperity and security so i tried to work with that concept. I was curious about the one thousand nine hundred fifty s because it was the golden age. I had worked with oral history in my previous research from previous book. I wrote on cotton the workers. I thought what better way to try to figure out how these workers experienced the nineteen fifties then to ask them or history presents. Its own set of methodological difficulties with memory and the style and all these sorts of things but on the other hand it might be the only way that we can try to gain some entry into the world that That these workers experienced an. I thought when i started the process that it'd be learning about their histories of how they dealt with prosperity. No what was it like to to finally not be scraping so hard to a living to be able to go on vacation to do these sorts of things. I didn't ask a question quite as blunt as hard. You experience the fifties. Did you have stability or insecurity. Whatever i just did life history narratives and talked about where people grew up how they ended up in the detroit area. You know what they did and just try to build sequentially through their lives and in so doing. That's when the instability occurred to me or it appeared in the interviews and it really sink in for me until i transcribe the interviews and i realized wow this is a recurring theme because i did not come into the project with that notion in mind at all. It was always my understanding that the auto industry was leading. The postwar boom was on the cost. Cutting edge of the economy was the the center of the nation's prosperity There was any reason to think otherwise. Especially if you look at earnings tunnels profit totals for the companies and the contracts and the wages and benefits that were embedded in those contracts that you could see. There wasn't any reason to doubt it. But you know in looking at the actual lives of autoworkers. I started to question it but much of the evidence that you just Mentioned came from my newspaper research. I realized that i could interview one thousand more former auto workers and probably still have a problem with trying to figure out if they were a representative sampling of the hundreds of thousands of people who pass through the auto industry in the nineteen fifties. And so. I decided that i would just read local newspapers. The free press the news michigan chronicle and see what kind of a story emerged in other words would the newspapers reading day to day when they convey a story of prosperity and security or were they convey story of Of what i was learning from the interviews of instability and insecurity so neither word what you mean by detroit residents stinks sync with the nation as a whole or the economy. As a whole was that there might be increased sales of automobiles and there were periods of great increased during fifty especially after the korean war The women in the region really either remain the same or in some cases even dropped right. It was the newspaper evidence that made me realize that detroit really was out of sync with the national economy. The best years in the national economy in the nineteen fifties were nineteen fifty six thousand nine hundred fifty seven and those were terrible years for the auto industry But more so for the auto workers than for the auto companies one reason for that is that nineteen fifty five was indeed a boom year for the auto industry and for auto workers the title. The chapter i voted to the nineteen fifty. Nineteen fifty five was called the fifties one year. Because it really encapsulates. Our enduring sense of what the decade was like auto plants. Were running folks. Hilts employment was secure through most of the year on all of it People were taking out a higher mortgages on new homes or renting more expensive spacious apartments. Buying cars It seemed like auto workers had finally achieved that boom but as was the case throughout the decade there was a limited number of people who could afford to buy a new car. The top fourteen percents of the nation had enough resources to buy even the least expensive new car and the supply of automobiles the production far outstripped the ability of americans do consume to purchase these new cars. The company's than flattened out of production employment drops significantly. And so you see these articles about the nation entering its newest. Best year ever while at the same time detroit is experiencing You know foreclosures Repossessions You know auto workers unemployed for much of the year in some cases and moving back maybe to kentucky where they came from and holing up there until times get better. The story on the ground for auto workers was completely out of sync with the national economy. Although is like gm and ford.

victor reuther daniel danielson nineteen sixties nineteen fifties eighties oakland university kentucky fourteen percents korean war nineteen fifty nine hundred fifty seven today one thousand more nineteen fifty six thousand one year daimyo southeast michigan nineties nine hundred fifty s
"auto industry" Discussed on Radio Free Flint

Radio Free Flint

05:55 min | 9 months ago

"auto industry" Discussed on Radio Free Flint

"Society today. What did take away That maybe the most important in in my sense of things is that We shouldn't Believe the macro economic into economic indicators as an accurate depiction of how people are living Because you know the gross national product the total amount of income in detroit area near the contracts everything pointed towards prosperity but if we scratch beneath the surface could see him in the fifties that That things were were often dire for the people who are supposedly prosperous for today. Maybe analogy is that Ah prospering stock. Market is not indicative of a how most people are living in. Doesn't really speak to the the pressures and the challenges that the the people are facing in their lives And related to that. I guess would be this one. I really feel like i'm Tilting against windmills. But i don't believe everything you hear your question and look for evidence that can support Your your your notions. I mean i. I was the only thing to made this book possible that i just bothered to ask people what their lives were like Didn't accept the truth that was given to me. I would hope that that kind of advice would lead to ungrounded conspiracy theories questioning the truth that that are passed down to us but I guess i'm being more patient being more inquisitive about how people really live their lives and what they needed. What they wanted is is important. And then also you know realizing that you uncovered as story of insecurity instability nineteen fifties. It's not as if everyone i talked to in my interviews live through this period. Were miserable during those years. They didn't know these were supposed to be prosperous. Here's that historians and other people will look back on. Finally as a golden age they were living their lives. And i think the resilience that you could see the creative ways that people solve their problems and dealt with With issues in their lives was really inspiring to point where people are actually proud for having fought through the difficulties for engaging With with all the life could throw at them. I didn't talk to anyone who wanted to go back. And relive that decade but most people will actually found more pride in the struggle in In having a made it through difficult times then Then perhaps they would have things that really van. The myth suggested if all comfortable and easy. Clark thank you for joining me and your book is best naming read it's called disruption in detroit and the elusive postwar boom. I'll leave links on our on our show notes here on social media or by that boquets available at lauwers believe and amazon and it's published by the university of illinois press but i think so much.

amazon Clark university of illinois press today nineteen fifties believe fifties
"auto industry" Discussed on Radio Free Flint

Radio Free Flint

08:08 min | 9 months ago

"auto industry" Discussed on Radio Free Flint

"Their lowest priced car or they could as long as they had no kids no wife no more is payment. Something like that And so they're really of two minds. They're selling this american dream of homeownership and new car ownership to the public while knowingly Cutting their own workforce bargain and complaining. About how much. Those workers earn to boot so on the workers salaries are their wages. Know even under the more lucrative contracts. That were negotiated. The decade weren't going to be enough to provide that level of of middle class status and those companies knew it when in the fifties. I didn't realize it was such a As a you use a word precarious a precarious employment situation with the with the auto workers that there were ups and downs You know the economy didn't oregon cycles and five or ten years. It was working more like one or two years. Is that right where the dips would come or even even month by month week by week you can look at the larger macroeconomic trends. The recessions of nineteen fifty four fifty eight were devastating for the auto industry The korean war was terrible for the auto industry because detroit and flint did not become the new arsenal democracy again on whilst korean war production elsewhere and the materials for producing carsberg rationed and largely unavailable. So these of macro trends but there are all kinds of micro trends as well ranging from Supply shortages your coal miners upset and went on strike. Then steals would after close and the auto industry would have to close through these kinds of domino effects. That happen a lot especially in the late nineteen forties. There was a cold snap. one time. Warner's really cold in detroit. But there was only one natural gas pipeline coming up from oklahoma and texas and so The auto industry shut down for three three weeks so that hospitals and schools and homes could have guessed the ones that weren't still heated by coal There can be all of of reasons. Why why there would be layoffs Every time that there was a strike In the auto industry in detroit he would have huge ripple effects and that could be A small-scale strike in one departments in fisher body plant or something or up now Your chrysler stamping plant or something and If that lasted any kind of duration it could cause backups. A up and down the supply chain and could quickly 'cause ten thousand one hundred thousand layoffs and even though sometimes those were of short duration be still contributed to the instability insecurity and. I'm not saying that. Those strikes were justified undecided. The result of them was often unintended. Layoffs for many people who weren't directly involve mean unemployment was built the production schedules for the auto companies. you know in that. They tried to put well over. Fifty percent of the annual production goal into like the first four or five months of the year so that it was built in that they were going to have A lot of layoffs Even if they met their annual production goal so management had a lot to do with it But you can't say that's a responsible. Technique to management is to start splurging on on production to the tune of a million extra cars though the management That some of their thinking was just absolutely laughable You know they thought that if they would send a motorized circus around the country that that would Unleashed the latent demand. There were certain that if he looked at savings totals in banks and all that there is plenty of money out there and one time a someone recommended that all these unemployed workers go out and buy cars and that will solve the unemployment crisis is so they were completely out of touch with the reality of their helping to create. But one of the things you you do approve your thesis that the fifties wasn't necessarily the golden age that we think out during the korean war. I'm pretty sure your showed how out of sync again. Detroit was even in a time of war along at the time of peace with the national economy. Wartime spending Did rev up many sectors of the economy during the korean war but there wasn't the same for tanks and the trucks and the things that that detract could could convert to fairly quickly. So yeah that was the thing that you know i. It concerned Industry leaders are concerned. Local officials a whole lot. They were aware of this. You know they. They were not unaware. That unemployment is so high in detroit but they couldn't figure their way out of it. Why did general motors sleep flint. Why didn't they leave. But you know you look in detroit. You don't see in a we're one trick pony in flint cars cars. More gears now Trucks but in detroit. You have plastics. You have other related industries and detroit while it's gone bad has bombed flat. So why did they leave. And i heard one. Economists say the reason they laughed was because they weren't a big enough city. Two summers noah you just said the footprint of the city south needed to be larger so they can grow but in the suburbs so plant you could build as far as the eye could see a factory in fact. That's exactly what happened in mount morris township. They built the chinese air. That chinese japanese came and now some of argued that The big three pudding jam. We're just trying to escape. Utilization eventually that's true with The move of of gm to mexico for instance which was a big deal in the nineteen eighties But even before then it wasn't even so much that That auto companies were escaping unionization. Because they often Had unionized workforces generally in their new locations. But it was for new plans to seek your enough land to build a state of the art plant looking for lower taxes. In many cases again trying to create some efficiencies in their their model if you have a growing population california should be manufacturing cars in detroit and shipping to california. What if you just manufacture them there. That create some kinds of of efficiencies. There are all kinds of reasons. Trying to avoid unionization is certainly A motivating yearly declared that. We're gonna call buick city. They made the car in the year. The highest quality car in in in america or the world or whatever that standard is that was the year that was current year and they used the most advanced labor management model stat were known in in in in the labor relations business. You know they were trying to copy the japanese in terms of quality and they took this in the enclosing. A buick city is not closing. Just some little parts plant thousand people. I mean this factory had an accent thirty thousand people at one time. Maybe more are. They're human factors here involve i mean maybe. The management got pissed. Because he couldn't get the contract. They wanted exactly. I don't know what it is. Why is it that people in your profession. haven't person this angle made nice where your smith. The only guy that ever went roller. A horse against general motors management was michael moore in the movie roger at late you know. That's an astonishing thing. you know. Okay you say. Michael moore is from davison and you know. He's a provocateur. All this but you don with your book in your research is essentially out a case that there's.

michael moore Michael moore texas five oklahoma america one Fifty percent nineteen eighties california one hundred thousand two years ten years thirty thousand people mexico ten thousand late nineteen forties five months two minds detroit
"auto industry" Discussed on Radio Free Flint

Radio Free Flint

07:41 min | 9 months ago

"auto industry" Discussed on Radio Free Flint

"And insecurity so neither word what what you mean by detroit wasn't instincts sync with the nation as a whole or the economy. As a whole was that there might be increased sales of automobiles and there were periods of great increase during the especially after the korean war The employment in the region really either remain the same or in some cases even dropped. It was the the newspaper evidence that made me realize that detroit really was out of sync with the national economy. The best years in the national economy in the nineteen fifties were nineteen fifty six and nineteen fifty seven and those terrible years for the auto industry But more so for the auto workers than for the auto companies one reason for that is that nineteen fifty five was indeed a boon near for the auto industry and for auto workers. The title of the chapter i to the nineteen fifty six ninety. I was called the fifties in one year. Because it really encapsulates Our enduring sense of what the decade was like auto plants. Were running folks. Hilts employment was secured through most of the year on all of it People were taking out Higher mortgages new homes or renting more expensive spacious apartments buying cars It seemed like auto workers had finally achieved that boom but as was the case throughout the decade there was a limited number of people who could afford to buy a new car. The top fourteen percent of the nation had enough resources to buy even the least expensive new car and the supply of automobiles that the production far outstripped the ability of americans to consume to purchase these new cars. The company's then flattened out of production employment drop significantly. And so you see these articles about the nation entering. Its newest. Best year ever while at the same time. Detroit is experiencing For closures of repossessions Auto workers on employed for much of the year in some cases and moving back maybe to kentucky where they came from and holing up there until times get better. The story on the ground for auto workers was completely out of sync with the national economy. Although jim and four Continued to show profits during those. Here's one of the things you you wrote about. In and mentioned was there at one point during this boom boom in the in the country there were a million. I think he said a million brand new car sitting on lots throughout the country waiting to be sold that couldn't be sold right That happened a few times but The unsold inventory of new automobiles reached around a million in nineteen fifty five that that peak year so autoworkers enjoy the study work and even overtime throughout much of the year but then at the end of the year. There's this massive inventory that was about ten fifteen percent of the number of cars that were built during the year and so on companies in ratchet back their production for the next two years causing all kinds of layoffs and unemployment. You describe the blue-collar elite is being white men Buy new cars. The most people were unable by car. Who had good contracts. You ain't up Leadership and cottages up north They simpler kids to college. How how does that happen in. The rest of the people aren't in the iron ship. I think that If you look at that section again What i was writing about was Media portrayals of auto workers Often by people who hadn't done any kind of research on the ground had no idea really about how auto workers were living their lives. There are an awful lot of pundits. economists Syndicated writers who looked at the contracts. That the w was negotiating and then often not decried the the greed of the auto workers and How they could are auto companies could survive paying these amazing wages and supporting these kinds of lavish lifestyles but other reporters would go on the scene into neighborhoods and see that. That was not the case. There was no such thing. Is this separate. Blue-collar elite that was living the american dream and leaving their fellow workers behind the layoffs in the nineteen fifties affected long term high seniority workers as well his his newer lower seniority workers differently but affected. Both you know very severely right bill. I found out was that A lot of these auto workers going up north for sure and they were using state parks or they're putting up deer hunting shanties on someone's property who gave him access not owning property and most auto workers had cars. They had used cars They were considered imperative to the success of gm and ford and chrysler because gm and ford and chrysler counted on those High earning fourteen percenters to buy new cars every year or every other year in order for them to do that. They had to be able to sell their existing cars in the used market. So auto workers were instrumental in terms of marketing but Gm famously said that They weren't aiming for auto workers in the her newcomer and not even for chevrolet's That auto workers could be satisfied with used cars in invoked a response to that. I was completely shocked by is. There are people who look back until fifties advertisements. I don't know if you've looked at any of that stuff. That's out there especially about general motors. Essentially presented aside society. That was completely. I don't know how to describe it. You could describe it making but the various tailfins know The people looked at it and said this was described in the general motors Hype which was which was paddled. Newspapers in the mass media wants to emerge tv as creating a society that didn't exist in a wonderful society. Dream like almost like soviet propaganda. When i look at it now in reaction to that what i found was that Senators from gm and ford and chrysler was a little bit of an outlier in the day. They they would constantly complain about the high wages. That there were forces were were getting On the one hand objecting to the then at the benefits that increased wages these sorts of things but then At certain points in time would try to take credit for providing such a tremendous standard of living for their own workers but behind the scenes. they're also acknowledging Advertisements intertwining bob. The their knowledge that there's no way in the world that their on employees even if they were employed fifty two weeks a year could actually afford even.

one year gm fifty two weeks a year fifties about ten fifteen percent Both Gm chapter i one around a million a million one reason kentucky fourteen percent chrysler korean war jim american nineteen fifties four
"auto industry" Discussed on Radio Free Flint

Radio Free Flint

08:14 min | 9 months ago

"auto industry" Discussed on Radio Free Flint

"Today's episode we have guests. Daniel clark who is associate professor at oakland university daniels and author. Whose wrote a book called disruption in detroit. The elusive Post or bloom. And we're going to talk to daniel about labor history economics up The southeast michigan area. We're going to focus on flint and detroit mostly to gain some lessons about the past and how there might be some parallels to today daimyo. Welcome steroid off into your thesis of your book The myth of the post war boom simple question. What's the mitch. We've done podcasts. Here at radio free flint which we make reference to the golden age of flint. And and just so you understand. Many of us least particularly myself see lint as detroit miniature when we didn't have a big population but we have every problem. They have every social ill. We have an economy. That's even more reliable than detroit On the automobile so during our period of growing up we have the sixties which were often seen by people especially here in flint area as the golden age that schools were great. We're community school programming. That emerged from plant and a lot of that of course was the my foundation and charles. Model of course was the principal shareholder of the general motors corporation. So it was a auto money that was in the city. So i guess what i'm asking is Let's go with that thought. Mind how we actually look back at it. You and i a bunch of other people that are listening. You expose something that i think is really Really worth taking a look at thinking a lot about one of the things that i found interesting in your research was Essentially poked a hole in this reality that we've developed collectively that the nineteen fifties once and even to some extent the sixties and seventies not All it was cracked up to be. Guess i react to that. I've struggled trying to figure out the collective memory came to be. But i think you put your finger on it with your idea about the difference between the nineteen sixties even in the nineteen fifties The nineteen sixty s wasn't more prosperous decade overall for the auto industry than the nineteen fifties Were i think. I grew up in in midland just north of flint and i remember the waves of cars heading north on weekends in closing the famous zil walkie bridge the the drawbridge. I remember seeing that prosperity. When i was a little kid. You're growing up. But i think that times in detroit times in flint became so dire in the eighties and the nineties and beyond that there was a certain search for a golden age. Things had to be better and things were probably better. I do think that There's a tendency to romanticize the one thousand nine hundred fifty s and kind of blurred together with a more prosperous more more stable times I think that scholars For their part You this gets maybe a little bit as a tarik but on labor historians have argued over the bargaining agenda of the uaw walter reuther and a wave of scholars thought that was wonderful. The increasing wages and benefits were in the contracts another way of scholars. Argue that was selling out that wasn't radical enough. There was more that the union could have done. That's you know. Kind of scholarly debate. But what i was looking at. It wasn't just scholarly debate. Your guys like victor reuther writing books and cross in the nation about that absolutely. Yeah no i. I agree with you completely on that. It was a debate within the union about the direction. And but what. What i was talking about is Kind of the another way that the myth got established. But you're absolutely right. It wasn't just an academic debate. It was a fierce debate within the. Uaw was look at how ordinary workers not leaders not people who we've necessarily unheard of you for but how do they experience these years. And and so. When i looked at how order auto workers experienced the decade of the nineteen fifties way forty five to sixty. I found that it was more much more by layoffs much much more by insecurity and instability than it was by this notion of prosperity and security tried to work with that concept. I was curious about the nineteen fifties because it was the golden age i had worked with oral history in my previous research previous book. I wrote on cutting the workers. I thought what better way to try to figure out how these workers experienced the nineteen fifties than to ask them or his presents own set of methodological difficulties with memory and must algae and all these sorts of things but on the other hand it might be the only way that we can try to gain some entry into the world that That these workers experienced. And i thought when i started the process the buyer would be learning about their stories of how they dealt with prosperity. No what was it like to To finally not be scraping so hard to living to be able to go on vacation to do these sorts of things. I didn't ask a question quite as blunt as Hard you experience the fifties to to have stability or insecurity whatever i just did life history narratives and talked about where people grew up how they ended up in the detroit area. What they did and just try to build sequentially through their lives. And in so doing that's when the instability occurred to me your or it appeared in the interviews and it really didn't sink. In for me until i transcribe the interviews and i realized wow this is a recurring theme because i did not come into the project with that notion in mind at all in the smithsonian review with the national economy. That was a startling snake and improved it alison about that. That was really remarkable for me because it was always my understanding that the auto industry was the postwar boom was on the cusp. Cutting edge of the economy was the center of of the nation's prosperity. There was any reason to think otherwise. Especially if you look at earnings. Tunnels prophet totals for the companies and the contracts and the wages and benefits. The rim vetted in those contracts that you could see. There wasn't any reason to doubt it. But you know in looking at the actual lives of auto workers. I started to question it but much of the evidence that you just mentioned came from my newspaper research. I realized that i could interview. A thousand more former auto workers probably still have a problem with trying to figure out if they were a representative sampling of the hundreds of thousands of people who pass through the auto industry in the nineteen fifties. And so. I decided that i would just read local newspapers. The free press the news the michigan chronicle and see what kind of story emerged in other words would the newspapers reading day to day they convey a story of prosperity and security or they convey a story of Of what i was learning from the interviews.

Daniel clark victor reuther Today nineteen sixty s eighties hundreds nineteen fifties nineteen sixties nineties daniel today one thousand oakland university seventies golden age fifties disruption in detroit walkie bridge sixty daimyo
"auto industry" Discussed on Inside Transportation

Inside Transportation

02:41 min | 9 months ago

"auto industry" Discussed on Inside Transportation

"So at the beginning of the year waymo said it was no longer going to use the term self driving to describe the company's autonomous driving technology. Any more detailed explanation that way most ceo. John craft kick. I think that's how you say it offered some more insight on why the company made the move on. What's the self he went on to say that the term self-driving did not accurately describe the technology of the company was building. Saying is the self the car if so it doesn't really do good service to the product. We're working on arcelor product. That way mows the drivers when you say self driving. It takes waymo out of the equation but really. They've just shifted all the terms all their terminology. They've shifted away from self-driving autonomous driving. The industry official officials say this is a bigger problem in the industry because consumers are a little bit confused as to what self-driving truly means as we all know true. Self-driving doesn't require a driver behind the wheel. But some automakers are already using this term to describe level three and level four automated driving Tesla using full self-driving for their software and yes it's a very good software works very efficiently. But you still need to be behind the wheel of tesla but jason. What are some of your thoughts on on dropping this term self driving. And what are some of your ideas as far as how we can kind of accelerate. Avoid the confusion with consumers right. What are your thoughts. Yeah i my initial reaction and maybe there's a little too cynical was maybe he's hedging self-driving autonomous and you know why not just say level four or level five or whatever and maybe they are not confident that they're going to have no steering wheel in the car and own that that was my cynical. You know Thought on it and it seems to me like there's something going on where i think. The entire industry is taking a maybe tenure approach. Now 'cause like five six seven years ago when cruise was getting started in waymo starting to you know uncovering share a little. Bit of what they're doing. That was like five six seven years ago right. Yeah it seems like everybody is spinning out these units or raising money for them. We saw uber spun out. There's and then. I saw just a couple of days ago. Crews kyle voight yes said crews was going to raise two billion of new funding from microsoft. Gm honda and some other institutional investors..

Tesla microsoft two billion five six seven years ago uber tesla honda couple of days ago level five John kyle voight jason waymo level three a level four .
"auto industry" Discussed on Inside Transportation

Inside Transportation

05:52 min | 9 months ago

"auto industry" Discussed on Inside Transportation

"A car from them would be seven years from now. Twenty twenty seven twenty eight you know basically closer to twenty thirty ten to twenty twenty. That's for sure they were saying. Twenty twenty four is the target. No you don't think they're going to get there. I would think it's impossible because you know there's a lot of safety and it would be a bit of a moving target like they would have to get self-driving going on it and that's a big data play and i mean look at how long it took apple to get icloud previously known as mobile me right took them close to a decade to make that work and look at the. I watch like apple watch rather the watch was terrible for the first five version. So apple's been used to putting out you know let's call it. Mediocre product were okay product and getting forgiven for their incredible design. I bought those over the headphones. Yes the airpods pro had trouble with them tons of trouble with them. Connect they would drop. They would get into battles. My ipad my iphone back and forth trying to get support on it. You know everybody's having problems with its a six hundred dollars headphones and it doesn't work right so you know. The typically takes four five versions and with a car. You don't really get four a. Five versions because people's life depend on it and it goes you know what what tesla went through with the model three that first interaction of where had defects rate and everyone just turned on them. I mean even before that i mean the roadster than the model asked than the model acts and the doors on this is this is a complexity of manufacturing that transcends a smartphone that is for sure i mean just the battery alone. The battery technology and a smartphone is like one battery. So and this is like hundreds of battery cells. It's a level of complication that apple's never built anything remotely close. I think too complicated and with as much on the line so that's probably why they want to work somebody to write. What's up because the delivery process of a car versus a phone you know especially if they're exporting these cars from let's say they're making them in europe let's say they're making them in china transporting them over to the us. Which i'm assuming he's going to be the one of the core markets for this car. It's a lot of money. It takes a lot of money to to transport around. I like them making the bet. I will say that. I like the making the bet. But i would have very cautious I'd be very cautious about my expectation of when this thing is actually gonna arrive and how good it will be in the first two or three versions All that being said you know they do have some really great partners. In foxconn they do have battery technology. They do have some fabrication technologies. They obviously know how chips work. Ray have a lot of money to help stab money. They haven't just a giant giant slush fund..

europe china apple iphone six hundred dollars ipad icloud seven years first twenty twenty Five versions first five version airpods pro tesla twenty thirty ten one battery hundreds of battery cells three versions five versions Twenty twenty seven
"auto industry" Discussed on Inside Transportation

Inside Transportation

04:20 min | 9 months ago

"auto industry" Discussed on Inside Transportation

"A comment on gadget. Then the overnight editor said you know inside antenna gate as the van and then it trended the next day and other people started using the term antenna gate and jobs knew that we were the first to use it or comment section was he was not a he was not happy he banned from the next event and then i told him i said listen. You guys pulled our credentials while we were in san francisco. My team is there. And we've covered every single steve note. We named it the steve note and they created the live blog for it so it was a pretty crazy back and forth and then at like two. Am steve jobs. Emailed me and said you're good and he pulled the thing. So i know i remember those days because in gadget and gizmodo were the two biggest blogs out there the number one in the number two in the world number one in the same person created a peter rojo's created modem and then i lord him away from gizmodo and offer them and weblogs inc the company that created a gadget joystick etc. And he left. Yeah yes so background for hyundai. Last week saying they were in early. Talks to produce cars for apple not this week which way to lose your. Yeah yeah i think. The last time that happened. Dr dre had said you know they were in talks to sell beats to apple and the deal did go through but it almost going to happen in this case And another thing we learned last week. Apple was interested in working with canoe so canoes. This start up. Developing this scalable electric vehicle platform a report from the verge. Said apple was reportedly interested in multiple options with canoe everything anything from investment to an acquisition. Because they wanted to use their technology but canoe was more interested in taking on investment from apple in talks broke down right now. Magna international messina's the leading candidate to manufacture the apple car so right now magnet actually has contracts produced vehicles.

san francisco Last week last week Apple apple gizmodo this week steve note two biggest blogs dre first Magna international peter rojo next day magnet two steve jobs messina number two hyundai
"auto industry" Discussed on KSFO-AM

KSFO-AM

04:18 min | 1 year ago

"auto industry" Discussed on KSFO-AM

"That the credit for the low unemployment and a hundred miles of jobs she goes to to bring the farmers retiring and being natural job creation with a hundred and fifty million people two percent because two hundred fifty thousand how do you explain the trump lifted the restrictions on or off or manufacturing and more cars are being made in America than ever before wouldn't that produce jobs yeah I'm not arguing about a specific policy what well let's take one policy to turn the auto industry and jobs in the auto industry a booming jobs in the service industry a booming that's a coke and that's nothing to do with with with social policy I know I I I I let me give you the reverse you live in San Francisco how many restaurants went out of business in San Francisco last year over two hundred why did they go out of business because of regulation taxation and bombs so social policy has everything to do with an economy everything I agree I'm saying that basic mathematics and the baby boomers I think what you've done here done the run is latch on to David I'm sorry is to latch onto a single factor try to explain everything and make that explain everything I don't think it does well and I also think that what do you think happens to a country when they are taxed to death what what happens to a manufacturer or what happens to a businessman who was taxed and regulated to death what what does he do if you're all set I I so I absolutely agree so one of the things right so what happens when a Bernie Sanders takes over an economy a man was never created a job or service than anyone ever needed is he crushes the the economics of the nation and he says the solution is ten million or thirty million new government jobs do you understand that that's the Soviet system Arnie Sanders will grow a hole in your report your ride and Bernie Sanders will kill the American economy and heard reports so wait a minute but you're saying trump had nothing to do with fixing the American economy doesn't make sense no I'm sure you see trump as the regulated trump is lower taxes for major corporations so they're booming you could you could say that that he's he's giving welfare to the rich that's the stupid solution that delivers Warren quotes or Bernie Sanders the reason that he deregulated and lower taxes is to encourage investment which is what is happening the same would happen in India so David we can politely disagree but I think that the person running the ship has everything to do with where the ship goes by the way eight five five four seven two eight two let's pop over to New York City again that opens up a line at eight five five four it's average remember if you get on the show you will talk to more people than me for the rest of your life number one and number two you're on the savage graduate school of political science where everybody gets an ace at all be afraid to chime in no one is gonna judge you nobody in the only judge will be you your self genet in New York on line five thanks for calling what's on your mind Dr I want to share with you my contact is in the in a class and he is going to get elected my father insisted that that his clothing shop in Ghouta taken money investing goals will estate and remains a country where will he go will you that go I go somewhere warm say that where is he going to go this one tell me where he's going to move I think you're going to move to the Virgin Islands alright it's nice it's it's nice I am not an island person anymore I've had too many islands in my life I don't know exactly but my point I understand most most rich will leave if they're taxed out of the nation the same way Gavin Newsom is taxing them out of the state of California but they don't really care all they care about is naked power and if they can keep appealing to the non citizens and those on the bottom they will do so and they will drive the economy out they will drive the rich out drive the middle class out they will destroy the.

"auto industry" Discussed on News Radio 920 AM

News Radio 920 AM

03:05 min | 2 years ago

"auto industry" Discussed on News Radio 920 AM

"The auto industry aviation giants and an ever evolving list of start ups are increasingly entering the race toward producing consumer ready flying cars and air taxis many of which are touted as fully electric when will we have some version of a flying car we're joined now by Dalvin brown consumer technology reporter at USA today double take us through this we we've been seeing all these concepts for a start up uber even aviation companies like Boeing holiday incline card in the next few years and I really wanted to dive in and see where are we in the on the time line and it doesn't look too promising to me I read the public a lot of great ideas but it was short on a lot of data technological advances that we would make that necessary there's a lot of companies that seem to be getting into this who's doing what at this point yeah we have we have we have we have Aston Martin there's a ton of start ups guy and he I mean it alright does then I I counted in my research better you know Alex it within five years you're expecting to have a flying car available either for purchase for personal use or or at least for cats like but again the issue is if there's no regulation additional infrastructure writer and batteries can't support it been been where does that leave people missing with Delvin brown consumer tech reporter at U. S. A. today his pieces about how close we are to seeing flying cars you one thing you brought up in your story that I had not considered is often think that this would be so exciting to be able to do this is the idea that flying randomly over people's say backyards our neighborhoods might not be very well received it would probably have to be regulated yeah for sure I mean and just think about that I don't know how one of the experts I spoke to had a very brilliant point you like if you take all the traffic imagine taking all the traffic around Manhattan or Brooklyn and putting it up in the air you know that that makes being the vision of the environment even less pleasant to live and so yeah I I I think that that you have that I think people and it's also unclear that people even want to fly it right in a car safety concerns but there's also just like like you said how how to how is the public how the public receive I'm having this strange vehicle hover above the home or you know a nail noise complaints possibly it just it does a lot of hurdles on that front as well thanks dove in Dublin brown consumer technology reporter at USA today six minutes now in front of the hour on this weekend it may not be stomach.

reporter Aston Martin Alex writer tech reporter U. S. A. Manhattan Dalvin brown Boeing Delvin Brooklyn Dublin USA six minutes five years
"auto industry" Discussed on Knowledge@Wharton

Knowledge@Wharton

04:40 min | 2 years ago

"auto industry" Discussed on Knowledge@Wharton

"Elo. Anyway, twenty one jump on when you think about the business side of this for second. How do you think the the US auto industry is set right now? And I look at it from the perspective of of employment for a second. And I mentioned GM obviously, making some cuts the Hamtramck plant is gonna get shut down. But then you have Volkswagen coming in and committing to add. You know, eight billion dollars. I think it was or million dollars. It was and a thousand jobs at a plant in Tennessee. So it seems like that there is some struggles for some companies, but there's also the potential for some growth areas. Well. Yeah. Absolutely. I mean, the the GM layoffs got a lot of press. And of course, a lot of attacks on GM and Mary Barra from from the president. It wasn't a big surprise. If you simply looked at how much demand for the products made those plans had slowed way down over period of a couple of years, the general shift away from sedans to SUV's, and I think the hard won wisdom that it's better to make these cuts in good times than wait for bad times. And when you may have actually made them worse. So this kind of adjustment of employment to the market demand is going to keep going on. And of course, it's a global industry. So some productions moved out of the US, and you know, there may be employment growing there for the four Nado companies. The US is still the biggest market in the world for them or close with China. And so to come here to build here to build brand here to build a reputation here still make sense. So there's the Volkswagen investment, but Mazda nounce that they're going to do joint plant together in the southern US, which you know, they may have done partly. To win political favour, but you don't make a big investment only for those kinds of reasons they've got demand for those vehicles here, and it's a way to be protected against some of the risk of tariff. So, you know, employments going to go up and down across plants across companies Jenner. It's the overall picture of of growth for the industry in the world Konomi that probably these companies are really watching Paul. One of the big trends, I think we have to watch this coming year is is how automakers start to pair up. It's interesting that Tesla's going the China on its own essentially, we're as almost everywhere else you see in the world manufacturers continue to. Spread the cost by picking up. So that's one of the things. I am watching this year. We have the Honda VW. I'm succeeded. The Ford VW deal, the Honda General Motors deal Toyota, Mazda, which surprised many folks, and so on and this is just going to be the way of. World not gonna see many of these alliances become fulltime partnerships marriages, if you prefer the other element that we're going to be seeing is that these are limited Mun anti monogamous of venture. So great example. Toyota for most of its existence shied away from anything tying it to another manufacture. But just in the last couple years, we're seeing up with BMW Mazda Subaru, and and so on and this is just going to be one of the things I'm watching. Well, it was continua trend in two thousand nineteen and beyond and toy a announcing recently tying up with with Panasonic in terms of the development of electric batteries, which is the neck Botherway, which by the way, the company that partnered with with ten. There's a great example of these marriages, not Menachem jumble. Of course, also paint the longtime supplier for the priests. So that's a relation that goes way back. Yeah, I think, you know, full Sergio Marconi who passed away this year was famous for many things his turtlenecks that he always wore. But also for predicting that the industry was inevitably going to have to consolidate to a small number of big players because he felt scale con Amies it was incredibly wasteful capital to have all these developing all those vehicles. Well, there's a long history of failed mergers in the auto industry, the Nissan Renault, and then eventually Mitsubishi alliance was what we all pointed to as the most successful long-term relationship that wasn't an outright merger..

US GM Mazda Sergio Marconi Volkswagen China Toyota VW Hamtramck Tennessee Elo. Honda Tesla Jenner Mary Barra Nissan BMW Ford
"auto industry" Discussed on Knowledge@Wharton

Knowledge@Wharton

04:34 min | 2 years ago

"auto industry" Discussed on Knowledge@Wharton

"So I before we I want to look back in a second. But how do you feel John Paul about twenty nineteen for the auto industry because we just laid out there were so many different things that are in play here. Yeah. I think turbulent that's not unusual. A lot of things are turbulent these days. I was thinking through the set of issues that might come up today. And I felt that for each one. There could be a positive spin and positive angle on it and a negative spin a negative angle on it and with a decent amount of uncertainty about quite a lot of them. So I'm sure we'll get into that. But I don't have an overall optimistic pessimistic. I just think we live in interesting time Serbian time when you when you think about what you've known about the auto industry over the years. How unusual is that aspect of having both a positive and negative potentially on almost everything you see? Yeah. I mean, it's not unusual, but the range of issues that the current auto industry is dealing with. I think is a perhaps a broader range than I've encountered most of the years I've studied the industries, so both the technological changes and the new things like electric autonomous vehicles. The. Current state of trade and the threats of tariffs. You know, we had a long period where there wasn't really a big kind of issue. We have a lot of concerns about the strength of various economies, the US, but also China, you know, actually think as big a concern as the tariff risk is the risk of China's economy slowing way down when that's been a main engine for a lot of the goal bottle makers is is pretty huge. And so and so forth down the list. You know, there's just a incredible range. And I wonder what it's like to be senior executive in these auto companies and have to deal with this amazing complexity and this amazing uncertainty. Paul what are you thinking about for twenty nineteen? Well, it's it's a real. It's a real guess right now what's going to happen? And I say that because you may recall we spoke early. Well, this time last year, the general consensus was twenty eighteen would be year of decline in the US market and China would grow slower much slower than a hadn't past years, but it would grow. Well, exactly. The opposite has happened. The US actually gained allbeit by just a hair's breath in twenty eighteen and China posted its first decline that we've seen since the explosion of that market back around the turn of the new millennium. So most people expect the China will rebound a little bit this time and the US market will again slow. I think an awful lot depends on what happens with that Philo in the White House. He is of course, declared war on much of the world in this continuing to talk about ramping up his trade. Wars as you know, there is there are some key negotiations about that will affect the auto industry with negotiations with with the European Union. So we just don't know we just don't know what what Trump will do. But we we can say that by and large the Dempsey's Terry well for the auto industry. Well, when you think about China, John Paul most recently, we've had Alon musk and tesla say that they're going to build the factory over there. And obviously that's the next step. He believes in trying to brand tesla he got the approval for the model three over in Europe as well. So when you think about that market, at least, tesla is is really trying to even though they have various issues in terms of their structure economically. They are trying to make a large step forward in twenty nineteen in terms of building that brand out. Yeah. Yeah. You know, Tesla's always out there, the risky edge of something. And I think building a brand new factory in China at this point, given the generally stretched situation of their finances cetera. But you know, again it several new features. It's the first time a foreign companies being allowed to build a plant on its own without having a joint venture partner in China. That means less chance of you know, knowledge leakage and having to share formation, but it also means the risk is not shared anymore. But you know, China is pushing with the government pushing on several fronts to be the biggest electric vehicle market in the world..

China US John Paul tesla Philo Alon musk European Union senior executive venture partner Trump Europe White House Terry